SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Sanghvi Movers Ltd (SANGHVIMOV)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 530073 NSE: SANGHVIMOV Construction Vehicles | Small Cap | Sanghvi Movers Share Price

₹366.40 6.95 (1.93%)

As on 04-Jun'26 16:59

Sanghvi Movers Ltd (SANGHVIMOV)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 530073 NSE: SANGHVIMOV Construction Vehicles | Small Cap | Sanghvi Movers Share Price

₹366.40 6.95 (1.93%)

As on 04-Jun'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹3,172 Cr.
Current Price
₹366.4
52-Week Low / High
₹221 / 413
TTM EPS
₹18.3
TTM Sales
₹674 Cr.
Book Value per Share
₹145.5
P/E Ratio
20.00
In line with its 5-year historical median
Industry PE
38.2
Price to Book (P/B)
2.52
Higher than its 5-year historical median
Price to Sales (P/S)
4.71
Higher than its 5-year historical median
EV/EBITDA
9.57
Higher than its 5-year historical median
Dividend Yield
0.82%
Profitability Efficiency
Return on Equity (ROE)
11.98%
In line with industry median
Return on Capital Employed (ROCE)
14.25%
In line with industry median
Return on Assets (ROA)
7.94%
Operating Profit Margin
53.1%
Net Profit Margin
23.59%
Gross Profit Margin
56.7%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
-12.54%
Operating Profit Growth (1 Year)
Slowing versus 3-year growth rate
-24.83%
Net Profit Growth (1 Year)
Slowing versus 3-year growth rate
-31.79%
Asset Quality
Promoter Holding
47.25%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹1,251 Cr.
Equity
₹8.7 Cr.
Face Value
₹1
All Time Low / High
₹0.38 / 741.50

Sanghvi Movers stock performance

Key Ratios
mw4me loader

Check Before You Invest

Quality

Somewhat Good

Valuation

Somewhat Overvalued

Price Trend

Strong
Q.1 Is Sanghvi Movers Ltd a good quality company?
Sanghvi Movers Ltd is a average quality company, based on a somewhat consistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Sanghvi Movers Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Sanghvi Movers Ltd vs industry peers?
Sanghvi Movers Ltd revenue CAGR is 10.87%, compared to the industry median CAGR of 10.87%, indicating stable growth and maintaining its market share.
Q.1 Promoter shareholding and pledge status of Sanghvi Movers Ltd?
Promoters hold 47.25% of the Sanghvi Movers Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Sanghvi Movers Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 9.7% based on the current price.

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Sanghvi Movers Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 19.4%16.4%-2.4%-3.1%1.8%-0.6%6.3%17.2%23.7%14.3%-
Value Creation
Index
0.40.2-1.2-1.2-0.9-1.0-0.60.20.80.0-

Growth Parameters

Sales 531553228282323224335456619541674
Sales YoY Gr.-4.2%-58.7%23.6%14.3%-30.7%49.8%36%35.7%-12.5%-
Adj EPS 1312.3-8.1-7.7-1-3.53.11220.512.918.3
YoY Gr.--5.4%-166%NANANANA284.9%70.8%-37%-
BVPS (₹) 87.399.591.184.783.981.984.897.2116.9129.1145.5
Adj Net
Profit
112106-70.2-66.2-8.8-3026.9104177112159
Cash Flow from Ops. 258311126128163119130257304145-
Debt/CF from Ops. 2.31.74.33.51.91.71.30.713-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 0.2%10.9%17.3%-12.5%
Adj EPS -0.1%NA60.6%-37%
BVPS4.5%9%15.1%10.4%
Share Price 10.1% 32.7% 16.7% 19.4%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
15.913.2-8.5-8.7-1.2-4.23.713.219.110.513.3
Op. Profit
Mgn %
63.366.336.631.648.541.741.457.761.653.148.9
Net Profit
Mgn %
21.219.2-30.8-23.5-2.7-13.4822.728.620.623.6
Debt to
Equity
0.80.60.70.60.40.30.20.20.30.40.3
Working Cap
Days
132153335205144192145140127231159
Cash Conv.
Cycle
82912341286510392847210468

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales531553228282323224335456598541
Operating Expenses + 202187145193166137197199219255
Manufacturing Costs1241308411411187126133142154
Material Costs0000000000
Employee Cost 22221519202025324041
Other Costs 56354660352947343761
Operating Profit 329366848915787138257380286
Operating Profit Margin (%) 61.9%66.3%36.6%31.6%48.5%39.0%41.1%56.4%63.5%52.8%
Other Income + 2510201332937302847
Exceptional Items 0000000000
Interest 55655548412617172526
Depreciation 126150137141140122118121132128
Profit Before Tax 172161-88-86-21-3239149251178
Tax 6552-30-28-15-1010376450
Profit After Tax 107109-57-58-7-2229112187128
PAT Margin (%) 20.2%19.7%-25.2%-20.6%-2.1%-10.0%8.8%24.6%31.3%23.6%
Adjusted EPS (₹)12.412.6-6.6-6.7-0.8-2.63.412.921.614.7
Dividend Payout Ratio (%)12.10%15.90%0%0%0%0%14.70%15.50%13.90%13.60%

Valuation of Sanghvi Movers - Standalone

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

mw4me loader

Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 7558617897337267097348421,0121,118
Share Capital 9999999999
Reserves 7478537807257187007258331,0031,109
Debt +463454471354219154120163257367
Long Term Debt46241045932820814912094161232
Short Term Debt144122611507096135
Minority Interest0000000000
Trade Payables20181717211621172934
Others Liabilities 257210168140127789098187210
Total Liabilities 1,4961,5431,4451,2441,0929589641,1211,4851,728

Fixed Assets

Net Fixed Assets +1,2511,2741,2381,1089618337668551,0121,113
Gross Block1,3771,5141,5701,5581,5311,5171,5631,7591,9982,208
Accumulated Depreciation1262403324505706857979049851,095
CWIP 504000071518
Investments 81500012303671158
Inventories111412121175466
Trade Receivables155166135736281121140179221
Cash Equivalents 43343210218148
Others Assets 6371544655233257120164
Total Assets 1,4961,5431,4451,2441,0929589641,1211,4851,728

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 258311126128163119130257304145
PBT 172161-88-86-21-3239149252184
Adjustment 188207173177178131120115133119
Changes in Working Capital -40-125143512-30-6-18-113
Tax Paid -62-45-10-5280-1-62-45
Cash Flow From Investing Activity + -487-189-4419921-76-237-346-276
Capex -491-171-60199-1-58-205-287-201
Net Investments 2-21150022-18-33-62-98
Others 1400-0001323
Cash Flow From Financing Activity + 205-123-82-145-174-141-48-156889
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0000000000
Interest Paid -47-61-61-49-41-26-16-18-14-17
Dividend Paid -150-170000-4-17-26
Others 267-62-4-96-133-116-327100132
Net Cash Flow -24-102-1-26527-41

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)15.1713.51-6.97-7.63-0.9-3.124.0814.2220.1911.98
ROCE (%)19.3716.41-2.43-3.091.78-0.586.2917.223.7214.25
Asset Turnover Ratio0.410.360.150.210.280.220.350.440.460.34
PAT to CFO Conversion(x)2.412.85N/AN/AN/AN/A4.482.291.631.13
Working Capital Days
Receivable Days95.80105.90240134.3076.60117.20110.30104.7097.40135.10
Inventory Days7.208.102115.6012.7014.406.503.703.203.90
Payable Days0000000000

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Sanghvi Movers Ltd FAQs

The current trading price of Sanghvi Movers on 04-Jun-2026 16:59 is ₹366.4.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 03-Jun-2026 the market cap of Sanghvi Movers stood at ₹3,172.1 Cr

The latest P/E ratio of Sanghvi Movers as of 03-Jun-2026 is 20.00.

The latest P/B ratio of Sanghvi Movers as of 03-Jun-2026 is 2.52.

The 52-week high of Sanghvi Movers is ₹412.9 and the 52-week low is ₹221.0.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Sanghvi Movers is ₹674 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Sanghvi Movers Ltd is a average quality company.

The key valuation ratios of Sanghvi Movers Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Sanghvi Movers Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

About Sanghvi Movers Ltd

Sanghvi Movers Limited (SML) is the largest crane rental company in India and Asia, and the fifth-largest in the world as ranked by International Cranes (June 2021). Headquartered in Pune, SML was incorporated in 1989 and went through an Initial Public Offering in 1994. The shares of the company are traded on the Bombay Stock Exchange and National Stock Exchange.

 SML is an ISO 9001:2015, ISO 14001:2015 & ISO 45001:2018 certified company. The company has a fleet of many medium to large-sized heavy-duty telescopic and crawler cranes ranging from 20 to 1000 MT across various operational job sites in India.

The company’s fleet is primarily catered for the construction of various industrial plants like Power, Steel, Cement, Fertilizers, Petrochemicals & Refineries, Metros (underground as well as elevated) and Windmill sector. The company also has many High Bed Trailers and lots of multi-axle lines which are being used for the movement of its crane and crane parts from one location to another.

Business area of the company

The company is engaged in the business of providing hydraulic and crawler cranes to various industries in the infrastructure sector.

Milestones

  • 1989: Established by Chandrakant P. Sanghvi.
  • 1995: SML was listed on the BSE and raised Rs 17.50 crore.
  • 1997-98: Deployed a capex of Rs 55 crore to meet requirement of projects: Reliance Petroleum Refinery at Jamnagar and ONGC-Oil field project.
  • 2007: Raised Rs 72 crore of equity on preferential share allotment basis to a well-known Goldpeak Ltd., investment arm of CLSA Private Equity Firm. Fund were deployed towards capex and initiation of debt reduction.
  • 2008: Focused on Wind Energy.
  • 2011: Awarded 7th largest crane company in the world by International Crane Magazine.
  • 2015-18: SML added Rs 815 crore worth of crane fleet in form of growth Capex.
  • 2019: Awarded 6th largest ranking in the world by International Crane Magazine.
  • 2020: Awarded 5th largest ranking in the world by International Crane Magazine.
  • 2021: Awarded 5th largest ranking in the world by International Crane Magazine.
  • 2021: maintained average utilization of 56% despite Covid-19 scenario and significantly reduced its debt by Rs 345 crore in last 3 years.
You have 2 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×